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Search Results 0 to 49 of about 63 (some duplicates have been removed)
. if a crisis can be averted. if democrats and republicans can come to an agreement on the big fight that has been frankly smothering american politics for weeks now. president obama announced earlier today that he wants to see a deal done by tomorrow on the big debt ceiling fight that has consumed every bit of oxygen in d.c. for the last few months. the president saying tonight that congressional leaders are on the clock. they have 24 to 36 hours to get a deal done. as planning a vote that the u.s. government should not default on our debt and shut down comes down to the wire, we are inching close enough to the edge here that two of the world's major credit rating agencies have warned that our national credit rating may be downgraded as a result of this standoff. the day that the u.s. would actually hit the debt ceiling and start going into default and shutting down is august 2. but this does not mean that we have until august 2 before we lose our national credit rating. that could just happen right now. because of the uncertainty and because of how long it is taking to get this done. right
. and carney saying that tomorrow is a big day and everybody has to either come to an assessment that we can do a significant deal and they were talking of course of the $4 trillion deal until the republicans pulled the plug on that last weekend, and they have to come in friday, and friday is shaping up to be something of a deadline, and meanwhile, tim geithner, the treasury secretary up on the hill behind closed doors talking about the senators of a doom and gloom scenario is nothing is done by august 2nd, and the united states has to begin to default as carney and other white house officials call it hypothetical and insists that the country will not default and some arrangement will be made, but it is not clear what the path of the arrangement may be before august 2nd, tamron. >> and what about the report that the president was mulling over a bipartisan meeting at camp david and there is a quote at nancy pelosi saying it is not a good idea many her opinion, because the rsvps have not been released as politico pointed out, but what is story here? >> well, everybody is backing away from somethi
this isn't the end, this is the beginning of a new chapter, but the big question remains is what does the next chapter entail? talking up live here from the kennedy space center over the next couple of hours, a special guest including bob crippen, the first of two astronauts to fly up on sts 1 back in 1981. we'll talk to him of what happened then and what he thinks of this whole 30-year era and his thoughts on what's next. also, the man who built the engine of this current rocket, of the current space shuttle "atlantis," and he has some reservations about sort of the nebulous -- the nebulous outlook for manned space flight. a lot more coming at you. just heard the rain picking up again, and if we hear anything more about that possible lightning strike near that launchpad, which is just about three miles over my shoulder, we'll bring it to you live. edie, back knew you in atlanta. >> not what they want to hear or see out there. we'll join you again in a few minutes. >>> now a scandal that's worthy of tabloid headlines itself. journalists working for "news of the world," one of the bigg
all. >> i can't help be a little cynical here because we find out the president has a big birthday bash scheduled for august 3, celebrities flying in from all over. and lo and behold august 2 is the deadline for getting something done so that he can have this massive... maybe the biggest fund-raising dinner in history a birthday celebration. >> stephen: of course! obama just wants to raise the debt ceiling so he can raise the roof! (laughter and applause) and folks, it's his 50th birthday bash so he's going to be partying out with his hollywood buddies like beyonce, george clooney, matt damon, brad and angelina, skinny jonah hill. dumbledore. (cheers and applause) meanwhile, meanwhile, me and louie gohmert aren't even invited. i say we let the economy go down the (bleep). stupid birthday. we just have to make sure that this thing is fixed by august 18 because that's louie gohmert's birthday! and his party is going to be way better. it's going to be him, michele bachmann and steve king eating pizza at the corner booth. (applause) and i didn't get invited to that one, either. we'll b
, welcome to "the early show" here on a monday morning. i'm chris wragge. >> and i'm erica hill. >> big sports news this weekend. >> huge. >> you had to seeing it, everybody is talking about it. women's world cup soccer, after one of the most thrilling girls in the history of soccer, penalty kicks, ally krieger. tied up. everyone saying lights out, it's over, they're going over. they tie it up, shoot-out they take it 5-2 over brazil and now in the semifinals. >> they're going to meet france on twewednesday. just fantastic to watch. i love watching the players, how excited they are. brazil no joke when it comes to soccer. >> 12 years to the day after brandy chastain the shirt -- you remember that. >> i do. i do. >>> first we want to touch on yes, the debt ceiling. starting to sound like a broken record. the deadline is looming for raising the debt ceiling. there were more talks at the white house on sunday. still no resolution. president obama told lawmakers be prepared to meet again today and every day until a deal is reached. cbs news senior white house correspondent bill plante has th
finally came out publicly with a bipartisan, big, tough plan, a framework for how to deal with our very real challenge with our record deficits and debt. it's my hope that the senate will consider cut, cap and be balance, defeat it and then put a responsible plan on the floor, one that shares the sacrifice across all the areas of our budget and that puts forward the kind of framework that everyone can support. bill: okay. on the cut, cap and balance, so you agree with harry reid that this is a waste of time on a balanced budget. why would a balanced budget amendment when polls show 72% of those surveyed favor it, why would you be opposed to that, senator? >> i don't speak for leader reid, obviously, but what i think the leader was suggesting was that with ten days left until we default on america's mortgage, we should be focusing on things that have a very real chance of passage in both houses and that can avoid the catastrophic consequences of defaulting on america's debt. i think leader reid and many of us in the senate are concerned that if we simply keep ping-ponging back and forth
.m. this meeting last night came after word of a potential deal and a pretty big deal after word of a potential deal really stole the headlines yesterday afternoon and overnight. this would be, as i said, a pretty big deal. $3 trillion in deficit savings over ten years. and we only have a rough sketch of it. what is interesting, don, as you said, the white house is shooting this down. they say there is no deal. we heard jay carney shoot this down yesterday. the speaker's office is saying there is no deal but we have from congressional sources who are speaking on anonymity there is a framework. at 10:00 a.m. we will detail what the sources are telling us is in this potential agreement. >> only 10 1/2 days. thank you very much. we will be coming back to you throughout the day. >>> among an already crowded field of gop presidential candidates, a new cnn/orc poll suggests that texas governor rick perry may want to throw his hat into the ring too. mr. paul steinhauser joins us live from washington. >> rick perry is thinking about jumping into the white house and could do it. stay tuned on that. the
. these are big proximate but we're a big country and we'll solve it. >> reporter: now, the main issue he's going to have to teal with is why he decided to hire andy colson who was later arrested as part of the investigation into the phone hacking. this is something that was brought up yesterday in the hearings and it turns out that his chief of staff actually warned the british police not to brief the prime minister on these phone hacking issues. lawmakers today are clearly going to try to get to the bottom of this as you can imagine from the opposition labor party. >> david cameron said he didn't know about this either. thanks so much. >> it's going to be hard to top the intensity of what happened yesterday. the theater of yesterday's phone hacking hearings. two hours after telling parliament it was the most hufble day of his life, rupert murdoch took a pie in the face. a 26-year-old man armed with a pie full of shaving cream nails rupert murdoch from behind saying you greedy billionaire and it didn't take long for murdoch's wife there, leapt to her husband's defense. she tried to clock the guy
. >> announcer: this past year alone there's been a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> jack cafferty is here with the cafferty file now. people can watch you stream on a mobile device, an ipad, jack. this is great. >> i have no idea what that means. but i'll trust you. >> it's really good. >> republican congresswoman michele bachmann is a rising star of sorts in a lacklustre to say the least field of gop candidates who hope to challenge president obama next year. bachmann came out on top in three separate polls of likely iowa republican voters last week. go figure. my shael bhaukman's husband marc marcus runs a christian counseling business. former clients say he encourages homosexual patients to try to change their sexual orientation, or at least oppress it. it's called pray away the gay. in an interview, marcus bachm
matthews down in washington. leading off tonight, too big to fail? here are the two things to take away from mitch mcconnell's offer. one we are no longer looking at democrats versus republicans or liberals versus conservatives. this is a fight between the leaders and protesters, people who are responsible for america's financial health and those who never have to worry about an election. second, money talks, b.s. walks. when major financial groups told the gop that default was not an option, they suddenly saw the light. as phil graham once said -- -- we learned that many on the right only pretend to care about the debt. what they care about is shrinking government and lowering taxes. tonight we're going to put a spot light on the unsupported republican claim that somewhat higher taxes for the better off means fewer jobs for everyone. also, the rupert murdoch scandal has claimed another victim. murdoch has dropped his bid to buy british sky broadcasting tonight. will it threaten his holdings here in the states? >>> the latest poll on republicans may show that mitt romney is in more trou
wragge. >> and i'm erica hill. >> big sports news this morning. >> huge. >> you had to see it. everybody is talking about it. women's world cup soccer, after one of the most thrilling goals in the history of soccer, male or female. ali creager here. >> they tie it up. >> at that point, everyone is saying to themselves, lights out. it's over. then it comes to the shootout. they take it 5-3 over brazil. now they're in the semi finals. >> they'll meet france on wednesday. just fantastic to watch. i love watching the players, how excited they are. no joke, of course, when it comes to soccer. >> this came 12 years to the day after they won the world cup. >> is that when that happened? >> when the whole shirt came off. do you remember that? >> i do. >>> first we're going to touch on, yes, the debt ceiling. the deadline is looming for raising the federal debt ceiling. there were more talks at the white house sunday. still no resolution. president obama has told lawmakers, be prepared to meet again today and every day until a deal is reached. cbs news senior white house correspondent bill plante
that she could catch fire. look, when you start this thing, when you win iowa, if you win iowa big, that thing starts rolling through new hampshire and south carolina, it's over in weeks. i agree 100%. >> how was she going in philadelphia suburbs? how is she going to do in the i-4 corridor and in wisconsin? how is she going to do in new mexico, arizona? i would suggest, with swing voters not well at all. >> there's no doubt if you nominate michele bachmann, it's an enormous risk. the only conditions, i think, under which i believe she could win the presidency, if people say, if they did in 1980, i don't care, i'm taking a chance with this guy because what we got we can't stand, you get 9% or 10% unemployment, two more years, this country is ready for a lot of change. more "morning joe" in a moment. with the hotels.com 48-hour sale, the possibilities are endless. interesting... save up to 50% this tuesday and wednesday only. hotels.com. be smart. book smart.  finally, there's a choice for my patients with an irregular heartbeat called atrial fibrillation, or afib, that's not cause
, this backup plan could be left as the last option standing. but the big question is always, wolf, will it pass the house? can it pass the house? and this seems to be another example of just how divided the republican party is on this issue. >> yeah, it's a huge, huge division right now. going forward, this debate, we'll see what happens. kate, thanks very much. let's check in with jack right now. he's got the "cafferty file." >> despite that nasty game of chicken going on in washington over raising the debt ceiling. congressional leaders in both parties pretty much agree that doing it is going to be necessary. the argument is over what else goes into the bill that's tying them up and bringing the country dangerously close to defaulting on some of our loans. according to a new poll, 40% do not want the debt ceiling raised and they want their members of congress to vote against any measures that raise it. only 22% want their lawmakers to vote for raising the debt ceiling. and more than 1/3 of americans say they're just not sure. when asked which is a greater concern, 51% say raising the debt cei
and then this dip now? >> e.d., you talk to some analysts and they say, you know what, we had some really big shocks to the economy, to an economy that's already in trouble. first we had that ripple effect from the earthquake and tsunami in japan. that really hit manufacturers and automakers really hard and stopped production in its tracks. that's one effect and one reason we're seeing such low numbers. another reason, these higher oil prices we've been dealing with. they jacked up gas prices, so consumers pulled back on spending on other discretionary items. now, that doesn't help to give companies any extra confidence to hire when they see that nobody is, let's say, walking into their store to buy things. also these high oil prices cut into company's profit margins because for them it costs more to produce these products and distribute these products. these companies, you know, just overall, they aren't hiring. in the economy itself there is just a lot of uncertainty. if the economy would be on solid footing, then they'll hire but we're just not there. and of course amplifying this whole situation
get to be big, big problems. >> so those are some of the warnings signs, or are there warning signs that you are taking in -- that you are just too hot? >> i did get all the way to eventually the first stages of heat stroke one time in my life in nebraska when i was working outside. the first thing you need to do, obviously, drink all the water you can. if you feel crap thats in your legs or stomach, that means you are not getting that water, and you will feel not first but cramps. that's the first step. and then after that, if you feel like you can't just stand up anymore -- when i got to the point, i could not drive my car home. somebody had to drive me home because i could not function. my brain would not function at all. at 104 degrees you're in a heat stroke, and you need medical attention because you are vomiting. if you start to vomit, you need to get out of the heat and get your body temperature taken down. if you are not sweating anymore, you need to go to the hospital. >> what about the fact that it got so hot so fast? has that made a difference in a case like this? >> no
. >> whether you get the big or not, you know this won't pass the senate. >> i don't know if it will or won't. >> do you believe we should raise the ceiling? yes or no. >> if the senate is responsibility, then cut, cap and balance will pass. >> let me ask you a question -- do you agree with the president that we need to raise the ceiling, president obama? >> i will vote to raise the debt ceiling if we address the long-term issue of federal insolvency caused by -- if we do not address the long-term issue, the risk associated with piling on higher and higher debt loads, if we don't address that, then, no, sir, i will not vote for the debt ceiling. >> ronald railinger, who was someone i'm sure you admire, let me show you what he said about the dead ceiling, maybe you should tell your colleagues this. >> i'm familiar with this quote. >> congress consistently brings the government to the edge of default before facing its responsibility. this brinksmanship threatens the holders of government bonds, those who rely on associate security and vet ran benefits. the united states has a special responsi
having that takeover. it would not have been legally binding, but a big slap in the face. before that debate in the building behind me was about to get under way, the news core itself announced that they were holding their hands up and saying, look, we're not going to go ahead with this. an amazing u-turn from murdoch in the face of unprecedented. they said it's a victory for people up and down the land. they are all relieved for the minute that they don't have to make that decision in government, because that was going to be a very awkward moment when they had to decide one way or the other whether that could be approved. that has been taken off the table. the story is not over, though. the police investigation continues. there may be more arrests and maybe more fallout and maybe more allegations, and it's a global story now. there's talk about, you know, looking at whether they hacked into victim's of 9/11 in the u.s., and threats from a u.s. senator, jay rockefeller as well, and there is not confined to the uk now. >> the whole reason this broke is because of the voice mail th
caddie, is talking, and he's not happy. >>> also, a big las vegas headliner joining dozens of vegas showgirls to protest what some of the biggest hotels on the strip are charging guests. >>> you're watching "american morning." it's 14 minutes past the hour. [ female announcer ] the healing power of touch can be even more powerful, with precise pain relieving cream. it blocks pain signals fast for relief precisely where you need it most. precise. only from the makers of tylenol. ♪ let me make you smile ♪ let me do a few tricks ♪ some old and then some new tricks ♪ ♪ i'm very versatile ♪ so let me entertain you ♪ and we'll have a real good time ♪ [ male announcer ] with beats audio and flash, you can experience richer music and download movies straight to the new hp touchpad with webos. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone
into a full-time job and eventually led to her relationship with murdoch. >>> now to potentially big, big news in washington. debt talks, big news and a very significant step forward today, says president obama, just a short time ago. the president announced the so-called senate gang of six made of members from both parties has floated this new proposal that he, the president, can work with. the bipartisan group had thrown in the towel, ditched an earlier effort to find a debt reduction package okay to both parties and now at this late date 14 days until a potential government default. they're back with a plan that the president says includes deep spending cuts and, yes, also includes tax increases. here's the president. >> here's where we stand. we have a democratic president, an administration that is prepared to sign a tough package that includes both spending cuts, modifications to social security, medicaid, and medicare that would strengthen those systems and allow them to move forward and would include a revenue component. we now have a bipartisan group of senators who agree with that ba
chided leaders for missing a big opportunity. >> i think that any plan that simply says, you know, think about this later essentially, and we're going to try and figure out how things went wrong to blame it on the other party is a terrible mistake. we cannot go to august 2nd and tell the rest of the world because we're having this fight in our sandbox back here that we're going to essentially default on obligations of the united states for the first time in our history. that's a level of -- of immaturity that i don't believe this congress is up to. >> warren buffett was at the white house, and the white house talked to reporters this morning. david brooks calls out republican groups who he says decided not to seize the chance to usher in the largest cut in the size of government in american history. he also added, they do not see politics as the art of the possible. they do not believe in seizing opportunities to make steady, messy progress towards conservative goal. they believe if they can remain pure in their faith, some day their party will win a total and permanent victory over its
and his journalists. most of those calls are from democrats. murdoch is a big banger of republicans. if more momentum build into probes in the united states or even congressional hearings, there are cautionary tales for lawmakers. reports that the tabloids sometimes turn the tables on those who investigate them. most of those accounts date well to well before this scandal blew up in the media in recent weeks. the watchdog group tells us when british parliamentarians looks into the press a couple years ago he heard of allegations she were discouraged from repeatedly inviting rebekah brooks, one of the top execs, to testify. >> the allegation was, they were told, members of that select committee were told, do not invite her again. do not press this, do not push it, because if you do, you'll regret it, and that was made very clear to them. >> reporter: contacted by cnn, no comment on that allegation. are you concerned they might hit back at you and dig into your personal life or whatever? >> i'm not worried about my personal life nor am i worried about my next term. i've been here 27 y
political update in the next hour. go to cnn.com/politics. >>> japan not a big soccer country. its women's world cup win is huge and happy news there today. their team out-shot the u.s. yesterday. and zain verjee was there, still is there live in frank further. i know we were rooting for the u.s., zain. that was very important to us, but, hey, it couldn't happen to a better team. they needed this for morale. that is for sure. >> reporter: they really did, you know. japan came into this tournament as the big underdogs. nobody expected them to even get to the finals, let alone beat the u.s. they also knocked out sweden. they knocked out germany and it was just absolutely incredible. when they started the match, everyone was saying they have more skill, better possession of the ball, know how to control and pass it. the americans really did a good job, too. it seems the japanese were a little nervous to start off with. the u.s. had possession. they were aggressive. they came hard out of the gate. they were very unlucky. they had a lot of opportunities and just kept missing. just the mistake
save hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> 15 days until the treasury says it will run out money. a tea party leader says don't raise the debt seeing and he says president obama is lying about the consequences if we don't. "keeping them honest" about what many republicans believe is central to solving the long-term problem. a constitutional amendment to balance the budget. they vote on "cup, cap and balance." cutting spending to 2004 levels and caps it and freezes it right there and calls for a balanced budget amendment to the constitution. >> all that we ask in this bill is that we simply allow the states to weigh in, should the federal government live under a balanced budget amendment. should they do that? >> i don't understand why people won't vote for the a balanced budget amendment because it's the only discipline that will ever force the politics of washington to meet the responsibilities of washington. >> let's do somethi
in chicago. 105 in kansas city. 108 in houston, texas. we have this big dome or big area of high pressure that's been sitting over the nation's mid-section in the east just baking. that's where you're seeing this heat building. this stretches miles into the atmosphere and that's why we call at it dome. it looks like those covers you put over your dinner plate. it looks like that. that cooler air finally drift southward. that's why we're seeing showers and thunderstorms along the cold front but make it feel better and boston and say new york city as we head into tomorrow. let's do show you a couple of those thunderstorms. here's our radar map to see where they have been blowing on through across the upper midwest, throughout the great lakes and cleveland just about to get hit there as well. a few of these thunderstorms can be severe, ton. mainly wind makers and maybe some hail. >> thank you, jacqui jeras. we have some developing news for you. working in washington where lawmakers and president obama are trying to reach a deal on raising the debt ceiling. there could possibly be some moveme
edited these newspapers in london to get the scoop, to get the big story and to do whatever it took to get that story? >> huge pressure. and i detail that in my book as well. you know, when you're an editor of a british tabloid newspaper, you're in a commercial war and you're encouraged to be aggressive, forceful, to pursue stories with the full mite of your reporting army. but most news organizations are the same. rupert murdoch's happened to be more successful than most over the years. the king for me listening to murdoch, a lot of what he said resonated. people may be bemused by what he said, but when he says he didn't have much day to day contact with these papers, that's true. i spoke to the editors of "news of the world" maybe once a week, once every two weeks. he didn't ask me about methodologies of stories. he would say what's going on and you told him what stories. i had editors, i have managers, i have lawyers, i have accountants. they do all the box ticking here. my job is just to get an overview of what's going on. when you run a company of 50,000 people, it is a bit rid
. however there is disagreement over that point, big disagreement over that point. >> the other thing we'll be looking at is of course whether or not there will be issue with the credit rating. we'll talk about that. rebecca thanks. chris? >> thank you. >>> there is news of another arrest in the widening phone hacking scandal in britain. rupert murdoch is being pressured to appear before lawmakers in london and washington. dana lewis is in london good morning. >> reporter: good morning, we're hearing a ninth person has been arrested in the phone hacking scandal, the former executive editor of the "news of the world," but the late breaking news here this morning is the british government committee has just issued a summons for rupert and james murdoch to appear before them to answer questions about what they knew in the phone hacking scandal but legally there is a serious question over whether they can be compelled to appear. damage control in high gear rupert murdoch and son james in london trying to find a way to put out the fire. news corp shut out "nut of the
Search Results 0 to 49 of about 63 (some duplicates have been removed)